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02:44 AM
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This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
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[quote:Anonymous Coward 53687914:MV8yNTQ1NTQ0XzQ0MTU2NDgxX0M1NjgwNDM2] [quote:Anonymous Coward 39595739:MV8yNTQ1NTQ0XzQ0MTU2NDU4XzkxQUMyREY=] Wow. [/quote] That was my reaction to it too! and thanks for pinning mods ... I come here a lot but I don't usually post anything the last few days I've found things that interest me and hadn't been posted here yet so it's my way of giving back a little! :hf: [/quote]
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link to www.ijreview.com
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Job growth has declined under Obama. And by the end of the second year of their terms as President, economic growth under Reagan averaged 7.1% , under Obama an anemic 2.8%.
So, how did Reagan manage it? Across-the-board tax cuts, non-defense spending cuts, a restrained monetary supply, and deregulation.
What’s Obama done? Tax increases, spending increases, a massive money-supply increase through “quantitative easing,” and an explosive increase in regulations.
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